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Dec 26, 2012
12/12
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KRON
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the president is returning to the white house to work on a fiscal cliff deal before the year ends. house and senate members are going to reconvene without an agreement, automatic tax increases and that will be triggered in the new year. it looks like few people season. retails are the weakest. holiday sales increased. and they expected them to go 6 to 4%. it's blamed on super sandy which stroke the east coast but let us not forget why obama is returning from hawaii early. the lawmakers will be able to reach a deal. >>> we have rainfalling across the bay area and some heavy showers and departing san jose out of the santa clarita valley but there's showers coming in and i'll let you know on storm track 4 coming up. with my keurig vue brewer, i can brew my coffee just the way i love it. how do you do that? inside the brewer, there's this train that makes coffee stronger, bigger, and hotter! actually, i just press this button. brew what you love with the keurig vue. >> we have wet weather still falling across the bay area and here's live storm track, but the rain is gone for this eveni
the president is returning to the white house to work on a fiscal cliff deal before the year ends. house and senate members are going to reconvene without an agreement, automatic tax increases and that will be triggered in the new year. it looks like few people season. retails are the weakest. holiday sales increased. and they expected them to go 6 to 4%. it's blamed on super sandy which stroke the east coast but let us not forget why obama is returning from hawaii early. the lawmakers will be...
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Jan 1, 2013
01/13
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KTVU
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it negates the fiscal cliff of across the board tax increases and sweeping government other agencies but many house republicans said that they were opposed to the bill because they didn't cut federal spending and they were hoping gop leaders will give the house a chance to amend the bill and send it back to the senate. democrats are saying enough is enough. >> we could allow us to go over or we can try to come together and pass something that something probably on both sides of the aisle no one agrees with 100% of. >> what we're going to do in the present plan is put nearly another trillion dollars worth of debt on the american people. time is running out to change the direction because that trillion dollars isn't just a problem for the next generation, it's a problem for corporate america, it's a problem for every american. >> the deal approved by the senate continues tax breaks for those earning less than $400,000 and for couples earning less for 450,000. it raises taxes on wealthiest americans. house republicans are supposed to meet twice today about the bill no decision expected
it negates the fiscal cliff of across the board tax increases and sweeping government other agencies but many house republicans said that they were opposed to the bill because they didn't cut federal spending and they were hoping gop leaders will give the house a chance to amend the bill and send it back to the senate. democrats are saying enough is enough. >> we could allow us to go over or we can try to come together and pass something that something probably on both sides of the aisle...
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Jan 1, 2013
01/13
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MSNBCW
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just two hours into the new year, though, the senate votes in favor of a deal to avoid the fiscal cliff. >> the yeas are 89, the nays are 8, 60-vote partial having been achieved, the bill as amended is passed. >> so, now it's all up to the house, where lawmakers will pick up the measure at 12:00 noon today. >>> meantime, in good spirits. doctors report secretary of state hillary clinton is making progress while being treated for a blood clot in her head at new york hospital. >> three, two, one! >> and ringing in 2013. close to a million people packed new york's times square to watch the ball drop and celebrate 2013. good morning, everyone. it is january 1st. welcome to this special new year's edition of "msnbc live." i'm chris jansing. >>> well, we do have a deal, but it's not a done deal just yet. a little bit after 2:00 eastern time this morning, two hours after the u.s. economy officially went over the fiscal cliff, the senate passed a deal to avert its worst effects. the bill passed easily. it was a vote of 89-8, and it set up a showdown in the house which will convene four hours fr
just two hours into the new year, though, the senate votes in favor of a deal to avoid the fiscal cliff. >> the yeas are 89, the nays are 8, 60-vote partial having been achieved, the bill as amended is passed. >> so, now it's all up to the house, where lawmakers will pick up the measure at 12:00 noon today. >>> meantime, in good spirits. doctors report secretary of state hillary clinton is making progress while being treated for a blood clot in her head at new york...
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Dec 31, 2012
12/12
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KOFY
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cliff deal. one that could avoid -- raising taxes for everyone. good morning i'm kristen sze >>> and i'm cheryl jennings. katie is the news encouraging? >> reporter: more pressure than news about what the deal might be. this was not the big announcement about an agreement on the fiscal cliff. the president did acknowledge there's been progress and he spoke while surrounded by americans who he pointed out cannot afford a tax hike. a source close to the negotiations we know what might be on the table now this current tenty deal. one, as far as tax hikes are involved -- republican and democrats have agreed taxes would not go up for families that make less than $450,000 a year or individuals who make less than $400,000 a year. as far as unemployment benefits that's could be extended. the president mentioned tuition tax credit extended. where there's still a great divide is automatic spending cuts. the deal on table brokered mostly by mcconnell and biden overnight, would delay those spending cuts for
cliff deal. one that could avoid -- raising taxes for everyone. good morning i'm kristen sze >>> and i'm cheryl jennings. katie is the news encouraging? >> reporter: more pressure than news about what the deal might be. this was not the big announcement about an agreement on the fiscal cliff. the president did acknowledge there's been progress and he spoke while surrounded by americans who he pointed out cannot afford a tax hike. a source close to the negotiations we know what...
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Jan 1, 2013
01/13
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KICU
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cliff, the deal includes a tax hike for u.s. households making for than $250,000 a year. joe biden is at the capitol to brief democrats and there's a possibility the senate could vote tonight. the major remaining issue is how to make budget cuts. >> taxes will go up and the united states will ring in the new year by going over the fiscal cliff. it would increase the state tax, bring back higher tax rates on owners. >> our most immediate priority is to stop taxes going u pstarting tomorrow. i think that is a modest goal we can accomplish. >> reporter: they wanted taxes to go up on couples making $250,000. this deal is a concession as it increases on households. >> it has been clearly a g ood- faith negotiation. we all want to protect taxpayers and we can get it done now. >> reporter: a sticking point is a sequester. more than a trillion dollars in social programs, they say that the market needs structure and certainty, not haggling. it could take a hit if the deal falls a part. with higher taxes, california would spend less and t
cliff, the deal includes a tax hike for u.s. households making for than $250,000 a year. joe biden is at the capitol to brief democrats and there's a possibility the senate could vote tonight. the major remaining issue is how to make budget cuts. >> taxes will go up and the united states will ring in the new year by going over the fiscal cliff. it would increase the state tax, bring back higher tax rates on owners. >> our most immediate priority is to stop taxes going u pstarting...
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Dec 26, 2012
12/12
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KRON
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the press as returning to the white house to work i fiscal cliff deal before the year and. without an agreement automatic tax increases for everyone in the spending cuts will be triggered and the new year. an enormous storm system of snow and sleet of the nation's midsection enemies damaging tornadoes are on the deep south has begun putting its way toward the northeast, slowing holiday travel. >> storm tracker for tracking the showers we're seeing an let's resume and these areas. you can see it is at very scattered in this area. the shower is rather berkeley while my creek but they are very light right now. palo alto and east palo alto and the fattal of valley as well use the moderate to heavy rainfall. cupertino, this san rafael, san jose getting a lot of rain this morning. you can see out toward santa clara and downtown san jose looking at very wet conditions. rain coming down up to half an inch an hour but these are fairly fast moving headed to the south east. they will only last a few minutes. this morning scattered showers are likely anyway also experienced some gusty
the press as returning to the white house to work i fiscal cliff deal before the year and. without an agreement automatic tax increases for everyone in the spending cuts will be triggered and the new year. an enormous storm system of snow and sleet of the nation's midsection enemies damaging tornadoes are on the deep south has begun putting its way toward the northeast, slowing holiday travel. >> storm tracker for tracking the showers we're seeing an let's resume and these areas. you can...
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Dec 30, 2012
12/12
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KPIX
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. >>> it is already sunday morning in washington, where there's still no word of a fiscal cliff deal. senate leaders are trying to hammer out an 11th hour compromise to save all americans from the tax hike. tara shows us the deal they're considering only kicks the can down the road. again. >> reporter: senate republican leader mitch mcconnell left the capitol tight-lipped but smiling after working behind closed doors to avoid the so- called fiscal cliff. he and majority leader harry reid are working on a scaled- down agreement that focuses on avoiding a middle class tax hike. the plan is to prevent it to the full senate for a vote on sunday, then send it over to the house. house speaker john boehner was also at the capitol but left with no comment. both sides remain at odds over the democrats' insistence that the wealthy pay more in taxes. >> the president's tax hike would only fund the government for eight days. americans deserve to know, what does the president propose we do for the other 357 days of the year? >> reporter: president obama insists his plan on the table is fair. and i
. >>> it is already sunday morning in washington, where there's still no word of a fiscal cliff deal. senate leaders are trying to hammer out an 11th hour compromise to save all americans from the tax hike. tara shows us the deal they're considering only kicks the can down the road. again. >> reporter: senate republican leader mitch mcconnell left the capitol tight-lipped but smiling after working behind closed doors to avoid the so- called fiscal cliff. he and majority leader...
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Dec 28, 2012
12/12
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the "fiscal cliff." president obama is supposed to meet with congressional leaders tomorrow. cbs reporter danielle nottingham is in washington and danielle, how's it looking? >> reporter: well, elizabeth, there was not a lot of optimism on capitol hill today. both senate leaders admitting that congress is facing a hard deadline while at the same time, blaming each other for not having a deal in place by now. president obama cut short his holiday vacation and returned to the white house to work on a deal to avoid the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democra
the "fiscal cliff." president obama is supposed to meet with congressional leaders tomorrow. cbs reporter danielle nottingham is in washington and danielle, how's it looking? >> reporter: well, elizabeth, there was not a lot of optimism on capitol hill today. both senate leaders admitting that congress is facing a hard deadline while at the same time, blaming each other for not having a deal in place by now. president obama cut short his holiday vacation and returned to the...
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Dec 30, 2012
12/12
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KBCW
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cliff. the deal they're considering only kicks the can down the road again. >> reporter: mitch mcconnell left the capitol tight-lipped but smiling. harry reid and he are working on a scaled down agreement that focuses on avoiding a middle class tax hike. the plan is to send it to the senate for a vote sunday and then to the house. john boehner had no comment. both sides remain at odds over the democrats' instance that the wealthy pay more in taxes. >> chris: it would only fund the government for 8 days. what does the president propose we do for the other 357 days? >> reporter: president obama insists his plan on the tablt is fair and it include -- table is fair and includes plenty. cuts to spending. >> we can't afford a politically self-conflicted wound to our economy. >> reporter: if the negotiations don't pan out, the president is ready to propose his own scaled back bill that would block tax increases for all but the wealthy and preserve expiring unemployment benefits. with the deficit ti
cliff. the deal they're considering only kicks the can down the road again. >> reporter: mitch mcconnell left the capitol tight-lipped but smiling. harry reid and he are working on a scaled down agreement that focuses on avoiding a middle class tax hike. the plan is to send it to the senate for a vote sunday and then to the house. john boehner had no comment. both sides remain at odds over the democrats' instance that the wealthy pay more in taxes. >> chris: it would only fund the...
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Jan 1, 2013
01/13
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FOXNEWSW
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the nasdaq gained 59 another deal not fiscal cliff related. the senate home security committee blasted the state department for failures leading to the deadly september 11th attack on the u.s. mission in benghazi, libya. this comes on the heels of another scathing report by an independent state department accountability review board that we have covered many times. chief intelligence correspondent catherine herridge has the latest senate report sites the white house for president obama inconsistent statements whether the benghazi assault was terrorist attack given intelligence showed within hours that al qaeda affiliate was responsible on september 11th. as evidenced reported sites mr. obama's interview with 60 minutes. it's too early to know exactly how this came about. group involved but obviously it was an attack on mrns the committee's ranking members says the statements are part of a broader troubling pattern. >> the administration repeatedly has rerefused to name the threat that we face. >> senators joe lieberman and susan collins write
the nasdaq gained 59 another deal not fiscal cliff related. the senate home security committee blasted the state department for failures leading to the deadly september 11th attack on the u.s. mission in benghazi, libya. this comes on the heels of another scathing report by an independent state department accountability review board that we have covered many times. chief intelligence correspondent catherine herridge has the latest senate report sites the white house for president obama...
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Jan 1, 2013
01/13
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KOFY
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vote is expected any minute now on fiscal cliff deal. we'll bring you the very latest from washington. >> plus the new state law on the books tomorrow. talk about some of them tonight but we look at one designed to better protect your social media account. those stories and more tonight on 7 news at 11:00 over on channel 7. >>> larry hear and it was a pink slip day in the nfl wasn't it. >> a lot of thanks for the time, security will escort you out. unfortunately the new year will begin with a lot of teams looking for new coaches. kind of black monday carnage for 7 head coaches today. most of the moves pretty much expected this one was surprising. chicago bears parting way was love smichlt he led the fwirs superbowl in 2006 but the spwrairs only made the play offs in 3 of his nine years with the team. some was rebuilding so understood but they started the season this year 7 and 1. finished 10 and 6 and missed the play off. that was fatal. after 14 years with the eagle andy reid fired today. no surprise. winnin winningest coach in team his
vote is expected any minute now on fiscal cliff deal. we'll bring you the very latest from washington. >> plus the new state law on the books tomorrow. talk about some of them tonight but we look at one designed to better protect your social media account. those stories and more tonight on 7 news at 11:00 over on channel 7. >>> larry hear and it was a pink slip day in the nfl wasn't it. >> a lot of thanks for the time, security will escort you out. unfortunately the new...
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Jan 1, 2013
01/13
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KPIX
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senate has reached a deal in the fiscal cliff negotiations. cnn is reporting. >> reporter: lawmakers postautomatic spending cuts. but they did strike a deal on taxes. >> three hours before the midnight dead line senate minority leader mitch mcconnel and joe biden emerge with taxing and spending. >> this is a mini cliff, big cliff still lies in front of us. big cliff. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush era tax cuts remain in place for individuals earning as much as $400,000 a year and families $450,000 a year. far above the $250,000 on which president obama campaigned. those making more will see higher income taxes, capital gains and dividends rates. san francisco tax attorney rob wood says you will notice on the paycheck one popular tax cut will be history. >> say the average person earning $1,500 a year will
senate has reached a deal in the fiscal cliff negotiations. cnn is reporting. >> reporter: lawmakers postautomatic spending cuts. but they did strike a deal on taxes. >> three hours before the midnight dead line senate minority leader mitch mcconnel and joe biden emerge with taxing and spending. >> this is a mini cliff, big cliff still lies in front of us. big cliff. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on...
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Dec 27, 2012
12/12
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FBC
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the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upped what he was willing to tax. he wants taxes. originally saying on incomes of 2
the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very...
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Dec 24, 2012
12/12
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CNBC
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lack of fiscal cliff deal. >> absolutely. and maria, i think it is important to underscore one fact. no matter what the resolution is on the fiscal cliff, it is not going to help the balance sheet of this country. and the balance sheet of the world economy is in such disarray that the only way we solve this is by growth and all of the economies, not by taxing and not going about it the way the government is talking about it. the far and away, the number one place it avoid are long-term interest rates sensitive bonds in the united states. if there was ever an investment more obvious to avoid, i don't know what it is. stay way from government bonds that mature more than five years out and your 401(k) plans, get out of all of your bond funds, equities will rise in 2013. even though the economy is in a terrible position, stocks will rise, bonds will fall in value. stay away from bonds. >> all right, we will watch that. bob, jump in and tell us about the action on the street. down 51 point at close. was that the low, bob? >> no, n
lack of fiscal cliff deal. >> absolutely. and maria, i think it is important to underscore one fact. no matter what the resolution is on the fiscal cliff, it is not going to help the balance sheet of this country. and the balance sheet of the world economy is in such disarray that the only way we solve this is by growth and all of the economies, not by taxing and not going about it the way the government is talking about it. the far and away, the number one place it avoid are long-term...
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Dec 30, 2012
12/12
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KOFY
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. >> democrats and republicans are bargain to go dodge the fiscal cliff. if a deal is note struck, tax hikes and budget cuts will kick in. it seems unlikely they can write a comprehensive budget bill in time. they are thinking of a fall back plan. >> president obama is urging congress to focus. >> i'm optimistic that an agreement can be achieved. >> at the white house friday the president and congressional leaders spent some 70 minutes in a negotiating session and agreed to keep talking. >> it was constructive. >> it was constructive. >> i'm hopeful and optimistic. >> as snow fell on mostly deserted washington, two sides continued bargaining. if there some on deal, president obama wants smaller bill extending tax cuts making $250,000 or less and continuing unemployment benefits for millions that will lose them. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> we can still avoid going over the fiscal cliff if the president and democratically controlled senate step forward
. >> democrats and republicans are bargain to go dodge the fiscal cliff. if a deal is note struck, tax hikes and budget cuts will kick in. it seems unlikely they can write a comprehensive budget bill in time. they are thinking of a fall back plan. >> president obama is urging congress to focus. >> i'm optimistic that an agreement can be achieved. >> at the white house friday the president and congressional leaders spent some 70 minutes in a negotiating session and agreed...
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Dec 29, 2012
12/12
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KGO
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that could avoid the dread td fiscal cliff. president met with house and senate leaders from both parties. president obama later revealed senate majority and minority leaders working behind closed doors right now to koum come up with a deal. he says he's optimistic but he talked about a back up plan. >> will urge senator read to bring a basic package to preproe detective the middle class from a hike. >> no details given but sources indicate the president did not make a new offer to republicans and pushed for a bill stopping looming tax increases on families earning less than $250,000 a year. >> a 24-year-old woman charged in qex killing of two volunteer firefighters in upstate new york on christmas eve. dawn nguyen accused of file filing a falsified business record, investigators say charges relate to purchase of an ar 15 rifle, and 12 gauge shotgun the shooter had when the firefighters were gunned down. three others were hurt before a 62-year-old killed himself. there is his shot. as a convicted felon he could not purchase wea
that could avoid the dread td fiscal cliff. president met with house and senate leaders from both parties. president obama later revealed senate majority and minority leaders working behind closed doors right now to koum come up with a deal. he says he's optimistic but he talked about a back up plan. >> will urge senator read to bring a basic package to preproe detective the middle class from a hike. >> no details given but sources indicate the president did not make a new offer to...
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Jan 1, 2013
01/13
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FOXNEWSW
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probably celebrating because they just got word from the white house that there is a deal, a fiscal cliff deal. the problem is the dancing may not be happening all the way up here on capitol hill because, frankly, it still has to pass the senate and the house. but they can still cheer. i'm bret baier live in washington. we have the breaking news that they are very close they say to the final deal between senate democrats and republicans and vice president biden who is currently meeting with senate democrats in a closed door meeting trying to get skeptical democrats to sign on to the mini deal that they are trying to avoid the fiscal cliff. the problem that they won't avoid it technically. they will miss the midnight deadline because the house has adjourned for the night. they don't have anything to score. they don't have anything to react to because no piece of legislation has made it to the senate. this s the shot we have been looking at for a long time just outside the senate chamber. if you just turn the camera a little bit you would see the door to the senate and so far there is nothi
probably celebrating because they just got word from the white house that there is a deal, a fiscal cliff deal. the problem is the dancing may not be happening all the way up here on capitol hill because, frankly, it still has to pass the senate and the house. but they can still cheer. i'm bret baier live in washington. we have the breaking news that they are very close they say to the final deal between senate democrats and republicans and vice president biden who is currently meeting with...
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Dec 29, 2012
12/12
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KTVU
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cliff to deal with with fiscal cliff. >> reporter: lawmakers are talking about how to retroactively avoid going off the fiscal cliff on a new congress. >>> the fiscal cliff debate is impacting people here in the bay area who's lives could dramatically change as soon as tomorrow. tom vacar is live at a highway work site in oakland and has the story of one woman and her looming fear. tom-- >> reporter: the people who work here are well paid and they're onvacaon. but for other people, the fiscal cliff might as well be a financial guillotine. though ilea thomas searches, she's been out of work for two years picking up any odd jobs as much as she can. >> it's been discouraging. i come in here three times a week and maybe i'll go to a friend's house and use their internet to look for work. >> reporter: long term unemployment benefits have been a life send. >> i can breathe a little while i'm looking for work. even though it's not the same amount that i was getting when i was working. >> but thomas is one of 400, 400,000 californians who will not be able to get medicare payments tomorrow.
cliff to deal with with fiscal cliff. >> reporter: lawmakers are talking about how to retroactively avoid going off the fiscal cliff on a new congress. >>> the fiscal cliff debate is impacting people here in the bay area who's lives could dramatically change as soon as tomorrow. tom vacar is live at a highway work site in oakland and has the story of one woman and her looming fear. tom-- >> reporter: the people who work here are well paid and they're onvacaon. but for other...
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Dec 28, 2012
12/12
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KTVU
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it's a sign of what is to come if no fiscal cliff deal is reached and automatic income tax increases and government spending cuts go into effect in four days. meanwhile the president called a top four congressional leaders to meet with them at the white house later today with the hopes they can avoid this potential crisis. and in a somewhat surprising move top republican signaled he might be willing to compromise more on that when i see you next. >>> only on 2 in the north bay search teams are using a new technology to try to find a man who jumped the court me terra creek during a police chase. anthony donaldson was swept away on monday. he jumped into the creek to avoid a drunk driving test. >> really what it is it's the difference between the televisions we had years ago and newer digital tvs we have nowadays. a much sharper, clearer picture. imagery is much more defined than it was before. >> marin county is borrowing the video ray from contra costa county. they bought it from antiterrorism funds. >>> police in vacaville are asking for the public's help in finding a 56-year-old wo
it's a sign of what is to come if no fiscal cliff deal is reached and automatic income tax increases and government spending cuts go into effect in four days. meanwhile the president called a top four congressional leaders to meet with them at the white house later today with the hopes they can avoid this potential crisis. and in a somewhat surprising move top republican signaled he might be willing to compromise more on that when i see you next. >>> only on 2 in the north bay search...
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Jan 1, 2013
01/13
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KPIX
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senate has reached a deal in the fiscal cliff negotiations. cnn is reporting they just voted to approve it. all the details of the deal and what it means for you and your finances. >> reporter: lawmakers postponed the automatic spending cuts that would have hit the pentagon and other federal agencies this week. they did strike a deal on taxes. three hours before the midnight deadline, senate majority leader mitch mcconnell and vice president joe biden emerged with a compromise on taxes and agreed to wait on slashing spending. >> this was the mini cliff. the big cliff still lies in front of us. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,000 a year, far above the 250,000 level on which president obama campaigned. but those making more will see higher
senate has reached a deal in the fiscal cliff negotiations. cnn is reporting they just voted to approve it. all the details of the deal and what it means for you and your finances. >> reporter: lawmakers postponed the automatic spending cuts that would have hit the pentagon and other federal agencies this week. they did strike a deal on taxes. three hours before the midnight deadline, senate majority leader mitch mcconnell and vice president joe biden emerged with a compromise on taxes...
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Dec 26, 2012
12/12
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KRON
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the president is returning to the white house to work on a fiscal cliff deal before the europeans. house and senate members are expected to reconvene on thursday. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. >> we will be right back. >> for the rest of today we are looking for showers. tomorrow there will be lots of sun shine. satellite and radar shows a there will be a big storm for the mountains. right now most of the showers are starting to decrease. futurecast 4 shows that some showers will be in the south bay but that will be scattered. by the late afternoon we may see sunshine as we start to clear out the skies. the sierra forecast shows a they have a winter storm advisor. they are expected to receive three to 6 in. of snow. this is great news for snow boarders and skiers. >> the highs for today will be in the mid '50s for oakland and the east bay. it will be 53 degrees for downtown san francisco. here is a look at your 7 day around the bay forecast. decreasing clouds for the afternoon and may be a bit br
the president is returning to the white house to work on a fiscal cliff deal before the europeans. house and senate members are expected to reconvene on thursday. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. >> we will be right back. >> for the rest of today we are looking for showers. tomorrow there will be lots of sun shine. satellite and radar shows a there will be a big storm for the mountains. right now...
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Jan 1, 2013
01/13
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KTVU
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the white house and the gop have reached a deal on the fiscal cliff. live in washington, d.c. with what just happened. >> reporter: we are waiting for the vice president to arrive on capitol hill. this is his chance to sell the deal to democrats. there is no vote planned on the floor, though one could come at any time after democrats meet. president obama and leaders say they are close to a deal but it is on a smaller scale. a deal would raise taxes on families making more than $450,000 and extend unemployment benefits. >> we will work on finding smarter ways to cut spending. but let's not let that hold up perecing americans -- protecting americas. >> reporter: here is where they have been struggling, automatic spending cuts to the trillion dollars mark. it would effect the defense department and social programs. >> wee using -- we are using an ax instead of a scalp. >> reporter: even if there is a vote tonight in the senate the house still has toapprove something and they have -- to approve something and they have already gone home. they will be back on new year's day. ktvu c
the white house and the gop have reached a deal on the fiscal cliff. live in washington, d.c. with what just happened. >> reporter: we are waiting for the vice president to arrive on capitol hill. this is his chance to sell the deal to democrats. there is no vote planned on the floor, though one could come at any time after democrats meet. president obama and leaders say they are close to a deal but it is on a smaller scale. a deal would raise taxes on families making more than $450,000...
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Jan 1, 2013
01/13
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to avoid the fiscal cliff. we'll tell you what that means for you. plus, kron 4 is your new year's eve headquarters.live, team coverage of celebrations around the bay area and the world.next. on new year's eve, little reason to celebrate on capitol hill as congress sends the government over the fiscal cliff. at least for now. the president expressing his frustration at the partisan deadlock over spending cuts and taxes. >>> with this congress, that was obviously too much to hope for at this time. >> reporter: the senate is still expected to vote on the package tonight. but the house has adjourned until noon tomorrow. kron four's dan kerman is here to tell us how this all unfolded and what going over the cliff means for many americans. >> reporter: the house's decision to delay the vote means unemployment checks for 12 million americans could stop or atleast be delayed. it could also mean that federal workers could be furloughed. >> it could also lead to layoffs of private sector employees that sell goods and se
to avoid the fiscal cliff. we'll tell you what that means for you. plus, kron 4 is your new year's eve headquarters.live, team coverage of celebrations around the bay area and the world.next. on new year's eve, little reason to celebrate on capitol hill as congress sends the government over the fiscal cliff. at least for now. the president expressing his frustration at the partisan deadlock over spending cuts and taxes. >>> with this congress, that was obviously too much to hope for at...
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Dec 31, 2012
12/12
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the so-called fiscal cliff. >> there is still significant distance between the 2 sides but negotiations continue. >> if republicans and democrats can't strike a deal, tax rates will go up for all americans and automatic tax cuts will kick in and millions will lose unemployment benefits. i want this done. >> they withdrew the proposal but cut the deficit by slowing social security. there is some movement as both sides try compromise about which americans start paying tax rates. >> republicans don't want to see new revenues, in other words democrat tax increase being used for new spending. >> in unusual move republicans called for a no. 2 democrat, biden to help with negotiations as the white house places a lot of blame on the impasse. >> they say the bill biggest priority is we deal with the debit. their way is the only priority that tax breaks for wealth americans are protected. >> if a deal isn't reached, the president wants to introduce legislation to keep tax cuts for people earning more than 200 thousand a year. >> it wasn't only grid lock in washington. they are going to keep milk
the so-called fiscal cliff. >> there is still significant distance between the 2 sides but negotiations continue. >> if republicans and democrats can't strike a deal, tax rates will go up for all americans and automatic tax cuts will kick in and millions will lose unemployment benefits. i want this done. >> they withdrew the proposal but cut the deficit by slowing social security. there is some movement as both sides try compromise about which americans start paying tax rates....
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Jan 1, 2013
01/13
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the white house and the gop have reached a deal on how to avoid the "fiscal cliff." the news comes just three hours before the new year's deadline. cbs 5 reporter grace lee on where it all stands now. grace. >> reporter: late developments brian. this all coming together in the last several minutes. what we have just learned is that the senate will be voting tonight before midnight. that's the deadline and you can see we have a live look at the u.s. capital as of right now. we are also just hearing that the vice president is headed right here to the capital to brief senate democrats on the details of the deal that they will be voting on toinght. for individuals making more than 400,000 or households more than $450,000, their tax rates are expected to go up next year. for two million jobless americans, their unemployment benefits should be extended at least another year. and that so-called inheritance tax will go from 35 to 40%. but even with all these compromises, it is likely that most of us will be shelling out more cash to the irs come next year. >> you know, keep
the white house and the gop have reached a deal on how to avoid the "fiscal cliff." the news comes just three hours before the new year's deadline. cbs 5 reporter grace lee on where it all stands now. grace. >> reporter: late developments brian. this all coming together in the last several minutes. what we have just learned is that the senate will be voting tonight before midnight. that's the deadline and you can see we have a live look at the u.s. capital as of right now. we...
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Dec 29, 2012
12/12
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KGO
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cliff to deal with this if physical kliof. how irresponsible is that? >> and stock market burns, dropping for the fifth straight day. >> there is america and they should be working for the american people. >> parties are dying to outdo each other. >> get in the room and don't come out of that room until you have taken care of. >> leaders hope to put a plan together and bring it to the senate tomorrow, then by tomorrow night the house is back in session they can vote on any plan passed by the senate, but no one is holding their breath. >> katie: president obama is making alternative plans in case congress does not vote to avoid the cliff. president obama says if lawmakers don't reach a deal he will propose a different vote. >> i will urge the senate to hold an upper down vote to basic package, extends unemployment insurance and lays the ground works for future progress on more economic growth and deficit reduction. i believe such a proposal could pass both houses with bipartisan majorities as long as they let it come to vote. >
cliff to deal with this if physical kliof. how irresponsible is that? >> and stock market burns, dropping for the fifth straight day. >> there is america and they should be working for the american people. >> parties are dying to outdo each other. >> get in the room and don't come out of that room until you have taken care of. >> leaders hope to put a plan together and bring it to the senate tomorrow, then by tomorrow night the house is back in session they can...
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Dec 28, 2012
12/12
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cliff. with just five days until the country tumbles into automatic tax hikes and spending cuts the president has scheduled a meeting. danielle nottingham on the efforts. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute chance to avoid the so-called fiscal cliff. if no deal is reached taxes will go up for nearly every american and harsh spending cuts will kick in on january 1st. senators reconvened on thursday with tension spilling over on to the floor. >> speaker boehner is unwilling to negotiate. there's nothing happening. >> the phone never rang and so now here we are five days from the new year and we might finally start talking. >> reporter: senate majority lyddite harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's number one goal is to g
cliff. with just five days until the country tumbles into automatic tax hikes and spending cuts the president has scheduled a meeting. danielle nottingham on the efforts. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute chance to avoid the so-called fiscal cliff. if no deal is reached taxes will go up for nearly every american and harsh...
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Dec 30, 2012
12/12
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KPIX
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lawmakers left for the holiday with the country on the edge of the fiscal cliff. danielle nottingham, cbs news washington. >> it was quite a year. we've going to -- we're going to have more reviews in the last hour. at 8:45 we will take a look at the international news stories of 2012. that is going to be on the cb channel 44, cable 12. >>> for the moment let's look ahead. mcathy labs expects hacking to mobile devices to expand. they might that stuff. the company is especially concerned about so-called ransom ware. it's a type of virus that locks up a phone or tablet and threatens to keep it that way until a ransom is paid. other concerns for mobile customers include trojan horse programs to buy apps without user permission and the hacking of digital wallets. a decline in attacks by hackers because their technical sophistication has grown. >> that's quite the target. >>> it's a murder that even a big city like new york everybody is in shock. >> the arrest of a man pushed to his death at a subway station. ,,,,,,,,,,,,,, a man in front of a subway >>> a woman in new
lawmakers left for the holiday with the country on the edge of the fiscal cliff. danielle nottingham, cbs news washington. >> it was quite a year. we've going to -- we're going to have more reviews in the last hour. at 8:45 we will take a look at the international news stories of 2012. that is going to be on the cb channel 44, cable 12. >>> for the moment let's look ahead. mcathy labs expects hacking to mobile devices to expand. they might that stuff. the company is especially...
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Dec 28, 2012
12/12
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cliff" deal is in sight. sunday the house has been called to an unusual session just in case an agreement is not reached. >>> a new report suggests the looming "fiscal cliff" is forcing consumers to lose confidence in the nation's economy. the conference board said on thursday its consumer price index fell sharply in december for the second consecutive month. >>> a potential strike by dock workers along the east coast and gulf coast threatens to cost the nation's economy billions. more than 14,000 longshoremen are ready to strike sunday. a walkout would shut ports from boston to houston. those ports move as much as 100 million tons of goods each year including everything from flat screen tvs, sneakers and snow shovels. >>> ski world entertainment plans to become a publicly traded company. the company's three parks are known for their water shows with killer whales. it earned $86 million during the first nine months of this year. seaworld's other property including two busch gardens parks and sesame place in p
cliff" deal is in sight. sunday the house has been called to an unusual session just in case an agreement is not reached. >>> a new report suggests the looming "fiscal cliff" is forcing consumers to lose confidence in the nation's economy. the conference board said on thursday its consumer price index fell sharply in december for the second consecutive month. >>> a potential strike by dock workers along the east coast and gulf coast threatens to cost the...
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Dec 28, 2012
12/12
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cliff. we're just five days until the country tumbles into automatic tax hikes and spending cuts. the president has scheduled a meeting tomorrow with congressional leaders. cbs 5 reporter danielle nottingham on efforts to break the jam in washington. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face-to-face meeting since november 16, and a last-minute chance to avoid the so-called fiscal cliff. if no deal is reached, taxes will go up for nearly every american. senators reconvened thursday with tensions spilling over onto the floor. each side accused the other of stalling. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interest
cliff. we're just five days until the country tumbles into automatic tax hikes and spending cuts. the president has scheduled a meeting tomorrow with congressional leaders. cbs 5 reporter danielle nottingham on efforts to break the jam in washington. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face-to-face meeting since november 16, and a last-minute chance to avoid the so-called fiscal cliff....
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Dec 27, 2012
12/12
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FOXNEWSW
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if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial dollars. $500,000 to $1 million pays $34,000 more. they want $215,000 on top of what you pay in taxes. >> the wealth manager says the money you have left as far as businesses also deal with their own tax hikes. >> you are going to see less money in your paycheck. >> the government has to bite the bullet with $1.2 trillion in spending cuts. more than half of that is to the defense budget. >> they say families may need austerity calculation before making big purchases. look at the money you have and the money you need in the future to decide if you need the next big picture. doug? >> doug: thank you, molly. residents of
if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial...
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Dec 27, 2012
12/12
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. -- washington he's going to work on a deal to avoid the so called fiscal cliff. there are five days remaining before hikes are scheduled to take affect. senate due back in session tomorrow nork indication of new proposals on the table. no word of negotiations sessions being scheduled, either. >> still ahead here at 5:00 a controversial battle that shut down a popular recycling center comes to an end. looming deadline for a 30-year-old institution. >> and a bed bug outbreak in the east bay. unique boot camp officials hope will use to squash a growing problem. >> a warning about hidden fees on gift cards that may whittle away the value. did you get one? want to see that report. the news continues in one minute. >>> a san francisco recycling center is scheduled to be closed this weekend. the neighborhood counsel's recycling center has been fighting falls for city hall to be shut down since 1996. the city says this operation has been attracting the homeless. saying they're hoping to turn it into a community garden. the center says collection day will be on december 3
. -- washington he's going to work on a deal to avoid the so called fiscal cliff. there are five days remaining before hikes are scheduled to take affect. senate due back in session tomorrow nork indication of new proposals on the table. no word of negotiations sessions being scheduled, either. >> still ahead here at 5:00 a controversial battle that shut down a popular recycling center comes to an end. looming deadline for a 30-year-old institution. >> and a bed bug outbreak in the...
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Dec 25, 2012
12/12
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investors sold stocks yesterday at the deadline but that deal to avoid the fiscal cliff on new year's if democrats and republicans can't compromise, tax hikes will kick in, the tax policy center said families making $50,000 a year will have to pay $2,400 more in taxes. >>> the excon who lured firefighters to their deaths left a note saying he wanted to burn down the neighborhood and do what i like doing best, killing people. >> we are being shot at. multiple fireman down, i'm shot. >> that was a call that a wounded firefighter made, william spangler burned his home yesterday and waited for first responders. he was armed a gun, a shot gun and a rifle. he opened fire when crews arrived. arrived. two firefighters were killed. >> just always there for you. you just take them for granted. you don't -- >> two more wounded are still in the hospital on this christmas day. spangler took his own life. his rifle is the same make and caliber weapon used by the newtown shooter. >>> families in connecticut are trying to find solace on this christmas day. the town is still reeling from the shooting
investors sold stocks yesterday at the deadline but that deal to avoid the fiscal cliff on new year's if democrats and republicans can't compromise, tax hikes will kick in, the tax policy center said families making $50,000 a year will have to pay $2,400 more in taxes. >>> the excon who lured firefighters to their deaths left a note saying he wanted to burn down the neighborhood and do what i like doing best, killing people. >> we are being shot at. multiple fireman down, i'm...
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Dec 31, 2012
12/12
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KOFY
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. >>> democrats and republicans are wrangling over last minute ledges to avert the fiscal cliff there is no sign of a deal so far. chuck stephenson has the latest. >> they heard this prayer from the senate chaplain. >> look on our nation and save us from self-inflicted wounds. >> the clock is ticking towards the new year's eve midnight hour when budget cuts swoop down from the fiscal cliff. harry reid and mitch mcconnell are working on a stopgap bill. >> at some point the negotiating process it appears there are things that have stopped us in moving forward. i hope we're not there but we're getting real close. >> i want everyone to know i am willing to get this know, but i need a dance partner. >> the legislation would prevent a tax increase for 98% of american workers, extend unemployment benefits and prevent a huge cut in payments to medicaid doctors. >> we should introduce legislation to make sure that middle-class taxes stay where they are. >> even if they reach a deal it won't pass congress by monday night. if it doesn't everybody's income taxes will go up. the average family wou
. >>> democrats and republicans are wrangling over last minute ledges to avert the fiscal cliff there is no sign of a deal so far. chuck stephenson has the latest. >> they heard this prayer from the senate chaplain. >> look on our nation and save us from self-inflicted wounds. >> the clock is ticking towards the new year's eve midnight hour when budget cuts swoop down from the fiscal cliff. harry reid and mitch mcconnell are working on a stopgap bill. >> at some...
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Dec 31, 2012
12/12
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the lawmakers have yet to reach a deal on the fiscal cliff. the month is almost over and we are one day over from americans getting tax hikes. randall pinkston is live with the lack of opt -- optimism. >> reporter: yes, but the senate and house are in town. unusual between new year's and christmas for that to happen. one senator is calling it not a great attitude in congress right now. >> senator? >> reporter: 7 tors arrived to continue last-minute negotiations hours before the nation is set to fall off of the so-called fiscal cliff. after a day of intense talks, senate majority leader, harry reid said there will not be a deal tonight. >> there is a distance between the two sides, tpheg orbingiations continue. >> if republicans and democrats can not strike a deal, taxes will go up for almost every american, automatic cuts will kick in and millions will loose unemployment benefits. >> i want everyone to know i am will willing to get this done but i need a dance partner. >> they quickly cut the deficit by slowing the growth of social security bu
the lawmakers have yet to reach a deal on the fiscal cliff. the month is almost over and we are one day over from americans getting tax hikes. randall pinkston is live with the lack of opt -- optimism. >> reporter: yes, but the senate and house are in town. unusual between new year's and christmas for that to happen. one senator is calling it not a great attitude in congress right now. >> senator? >> reporter: 7 tors arrived to continue last-minute negotiations hours before...
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Dec 27, 2012
12/12
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FBC
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timtime to take down the verbal warfare and cut a deal sparing the fallout of the fiscal cliff. gerri: can we get anything with any meaning before the end of the year? >> not get your hopes up on a big deal on the debt. not too many tax increases, some will be in there. avoiding the sequester, the spending cuts, that is the best thing that could happen at this point and i'm pretty optimistic person, i get up every morning thinking good things will happen but this is causing me to drink every night so i did not know if i will get there or not. gerri: you glass half-full kind of guy. i hope your champagne glasses more than half full on new year's. have a good one. while the chances of lawmakers reaching a deal seemed to be slim to none, you'll be glad to know some state lawmakers will% be warned though much more productive. here are some of our favorites. let's start with illinois. starting in 2013 and new law gives motorcyclists be okay to run red lights. leave it or not. after complaints from cyclist who say light sensors don't see the cycles. and the okay for computer-driven ca
timtime to take down the verbal warfare and cut a deal sparing the fallout of the fiscal cliff. gerri: can we get anything with any meaning before the end of the year? >> not get your hopes up on a big deal on the debt. not too many tax increases, some will be in there. avoiding the sequester, the spending cuts, that is the best thing that could happen at this point and i'm pretty optimistic person, i get up every morning thinking good things will happen but this is causing me to drink...
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Dec 26, 2012
12/12
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KPIX
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. >>> there's more urgency in washington to get a deal done before the so-called "fiscal cliff" deadline less than a week from now. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's
. >>> there's more urgency in washington to get a deal done before the so-called "fiscal cliff" deadline less than a week from now. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and...
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Dec 26, 2012
12/12
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FOXNEWSW
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if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial dollars. $500,000 to $1 million pays $34,000 more. they want $215,000 on top of what you pay in taxes. >> the wealth manager says the money you have left won't go as far as businesses also deal with their own tax hikes. >> you are going to see less money in your paycheck. >> the government has to bite the bullet with $1.2 trillion in spending cuts. more than half of that is to the defense budget. >> they say families may need austerity calculation before making big purchases. look at the money you have and the money you need in the future to decide if you need the next big picture. doug? >> doug: thank you, molly. resi
if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial...
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Dec 28, 2012
12/12
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KGO
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. >>> just ahead, the president and congress gear up for last ditch talks to avoid the fiscal cliff. a look at what could happen if there is no deal. >> shocking crime on a new york subway police look for a woman caught on video who killed a man by pushing him in front of >>> talks to avoid the fiscal cliff are moving into the oval office at the white house today, no sign that president obama and congressional leaders are closer to a deal. katie marzullo is live in the newsroom with a look at what missing the deadline could mean. >> reporter: the deadline is monday. just the prospect of missing it is causing problems for the economy. president obama has invited senate and house leaders to the white house this afternoon for last ditch negotiation. the house is holding an unusual session sunday. technical little, there's still time to strike a deal, but what if they don't? comedies 31st, more than 500 billion dollars in -- in tax increases and more than 100 billion dollars in government spending cuts are set to take effect. what happens january 1st, is less than certain. if congress an
. >>> just ahead, the president and congress gear up for last ditch talks to avoid the fiscal cliff. a look at what could happen if there is no deal. >> shocking crime on a new york subway police look for a woman caught on video who killed a man by pushing him in front of >>> talks to avoid the fiscal cliff are moving into the oval office at the white house today, no sign that president obama and congressional leaders are closer to a deal. katie marzullo is live in the...
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. >> turning now to the fiscal cliff. it's cost americans more money in tax asks caused deep cuts to many programmer autos there is no deal. right now, congressional leaders said to be close toon agreement f it happens it won't be until tomorrow at earliest. >> abc 7 news has been monitoring the back and north and joins usry. mark, safe to say we may go over the cliff but not to a crash landing. >> you're right that. is a good way to put it. just hours until the fiscal cliff deadline, house republicans have pulled a plug. this, after both senate and white house made it clear a deal was very close. >> president obama told supporters this afternoon that there has been progress in avoiding a hike in middle class tax autos preventing that tax hike has been my top priority. >> the president said the deal being worked outwqjx between the senate republican leader mcconnell and vice president will extend current tax rates for households making up to $450,000 per year, increasing estate tax rate from 35% to 40%, and extend unemplo
. >> turning now to the fiscal cliff. it's cost americans more money in tax asks caused deep cuts to many programmer autos there is no deal. right now, congressional leaders said to be close toon agreement f it happens it won't be until tomorrow at earliest. >> abc 7 news has been monitoring the back and north and joins usry. mark, safe to say we may go over the cliff but not to a crash landing. >> you're right that. is a good way to put it. just hours until the fiscal cliff...
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Dec 31, 2012
12/12
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KRON
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we saw the down dollar down last week with concerns about the fiscal cliff. there are some hopeful signs this morning that a deal was as in the works. dow futures are up 77 points ahead of the opening bell. let's get an update on the eve forecast with erica. >> good morning and it is a cold start. a lot of your actually below the freezing point. it is clear, we have no business issues with visibility. new year's night could be the coldest of the season thus far. and would not be surprised if a freeze warning went into affect but generally dry conditions for the remainder of the week. the exception is thursday, slight potential for some rain for some of our north bay spots. temperatures out the door, severance is go waking up to 46 degrees. below freezing and concord, i will show you where these numbers are expected to go and my next report. >> looking at a nice and easy commute around the bay right now. light traffic for your east bay, swordplasouth ba. bay area bridges look good right now, no delays. >> 2 people and the hospital after a two alarm fire at a h
we saw the down dollar down last week with concerns about the fiscal cliff. there are some hopeful signs this morning that a deal was as in the works. dow futures are up 77 points ahead of the opening bell. let's get an update on the eve forecast with erica. >> good morning and it is a cold start. a lot of your actually below the freezing point. it is clear, we have no business issues with visibility. new year's night could be the coldest of the season thus far. and would not be surprised...
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Dec 24, 2012
12/12
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CNBC
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how is oil dependent on fiscal cliff deal or no deal? >> well, i think that's the biggest short-term burden that crude oil and most of the commodities have right now. the biggest factor is if no deal is done by year end, the possibility of the u.s. slipping into a recession in the first half, greatly increases significantly. if that does that, you can see crude oil prices back off to that short-term support right around 86. i think overhead we're met with about a 91 resistance. the volume and also the participants in the market are going to be significantly less as a result of these fiscal cliff worries. >> we're going to sort of trend right around here -- it doesn't look like we're going to get a deal before year end of any great significance. that being said, we may get one last year. do we trade in line right here? >> so we're going to trade probably 91 on the upside, 86 on the low side. i think once a deal is done, you're going to see a reemergence of a risk-on rally. i think that's where crude oil breaks out to the upside. we start
how is oil dependent on fiscal cliff deal or no deal? >> well, i think that's the biggest short-term burden that crude oil and most of the commodities have right now. the biggest factor is if no deal is done by year end, the possibility of the u.s. slipping into a recession in the first half, greatly increases significantly. if that does that, you can see crude oil prices back off to that short-term support right around 86. i think overhead we're met with about a 91 resistance. the volume...
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Dec 31, 2012
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president obama moments ago taking the stage to say a deal on the fiscal cliff is in sight but no compromise so exactly where do we stand in what does it mean for your war let? secretary of state, hillary clinton, in the hospital, with a blood clot week after reportedly sustaining a condition cushion in a fall. we will have the latest on that coming up. al qaeda group in yemen offering a huge reward to anyone who kills the u.s. ambassador to that country. that's all ahead unless breaking news changes everything. this is "studio b." >> first from fox at 3:00, president obama says congress is close to striking an 11 the hour deal to keep our nation from plunging off the fiscal cliff but he says the two sides still have ground to cover and the time is running out. that one-two punch that will kick in, hours from now, on january 1, and if the president and congressional lawmakers cannot hash it out, the united states could fall into another recession. here is part of the framework for the agreement. the bush tax cuts would expire for incomes above $400,000 for individuals and $450,000 for famili
president obama moments ago taking the stage to say a deal on the fiscal cliff is in sight but no compromise so exactly where do we stand in what does it mean for your war let? secretary of state, hillary clinton, in the hospital, with a blood clot week after reportedly sustaining a condition cushion in a fall. we will have the latest on that coming up. al qaeda group in yemen offering a huge reward to anyone who kills the u.s. ambassador to that country. that's all ahead unless breaking news...
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Dec 28, 2012
12/12
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KTVU
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happening right now the president is meeting with congressional leaders about the fiscal cliff. what other lawmakers are saying about the lack pouf of progress on a deal. >> steve paulson will be up in a few minutes to tell you about the light rain moving this way and what you can expect in your neighborhood over the weekend. >>> 100 years of muni, we will show you footage from the early days. [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ male announcer ] you get reliable, high speed internet on our advanced digital network. choose
happening right now the president is meeting with congressional leaders about the fiscal cliff. what other lawmakers are saying about the lack pouf of progress on a deal. >> steve paulson will be up in a few minutes to tell you about the light rain moving this way and what you can expect in your neighborhood over the weekend. >>> 100 years of muni, we will show you footage from the early days. [ female announcer ] this is a special message from at&t. [ male announcer ] it's...
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Dec 27, 2012
12/12
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KICU
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cliff. raising taxes on us. lowlowering on corporations. plus a special delivery on christmas day. the bay area family that unexpectly had to do it themselves. >> and back here in just a few minutes. and then more showers. we'll see you back here. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> it's a noisy job but crews are up to the task. many people need to dispose of their tree. free curb side collection will be offered january 2 through the 15 15th on regular trash days. they turn trees into chips that will be converted into boiler fuel. >>> an arrest in a thr
cliff. raising taxes on us. lowlowering on corporations. plus a special delivery on christmas day. the bay area family that unexpectly had to do it themselves. >> and back here in just a few minutes. and then more showers. we'll see you back here. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature....
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Dec 27, 2012
12/12
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KTVU
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. >>> president barack obama is hoping to reach a deal to avert the fiscal cliff and he left his vacation. we will look at the new offer and the concessions he is proposing. >>> let's go back outside with alex savage. >> reporter: they have finally been able to locate the problem right under where those crews are working and they have had to dig up quite a bit of sidewalk to figure out where the leak was coming from but crews say they are running a bypass around the broken line. off to the left, the people were evacuated as a precaution. everything began when neighbors reported the smell of gas in this area. people here were ordered to shelter in place in their homes for a time and early on, he was certainly going to face explosion. >> if something goes off or ignites, i am only a couple of doors down from where the leak is so it is frightening. >> the source of the leak has been found. the repair work, it will be difficult for she people to go back home and with the exception of the three homes evacuated, gas does remain on for the entire area of brentwood. brentwood sal legs savage ktvu
. >>> president barack obama is hoping to reach a deal to avert the fiscal cliff and he left his vacation. we will look at the new offer and the concessions he is proposing. >>> let's go back outside with alex savage. >> reporter: they have finally been able to locate the problem right under where those crews are working and they have had to dig up quite a bit of sidewalk to figure out where the leak was coming from but crews say they are running a bypass around the...
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Dec 31, 2012
12/12
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KTVU
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still don't have a deal to avoid the fiscal cliff. kyla campbell reports we are just hours away from automatic tax increases and government spending cuts. >> reporter: frustration is hitting a speak this morning after talking stalled last night. the house and senate will get back to work over the next few hours. senators have been trying to come up with a deal but with no luck. new mitch mcconnell is negotiating with vice president joe biden. if political leaders can not come up with a plan by midnight tonight tax rates for all americans will increase. >> if there is an ultimate compromise, there will be parts of it i find disgusting and rep hencable which i may have to swallow in the name of finding a compromise. >> reporter: how will this effect you come tomorrow morning? if there is not a deal reach there won't be a drastic change in your next paychecks. if this plays out long-term the average american middle class family stands to lose out on $2,000 to $3,000 over the next year due to the increased taxes. live in washington kyla c
still don't have a deal to avoid the fiscal cliff. kyla campbell reports we are just hours away from automatic tax increases and government spending cuts. >> reporter: frustration is hitting a speak this morning after talking stalled last night. the house and senate will get back to work over the next few hours. senators have been trying to come up with a deal but with no luck. new mitch mcconnell is negotiating with vice president joe biden. if political leaders can not come up with a...
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Jan 1, 2013
01/13
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KRON
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we're going to give you the late terrell owens fiscal cliff. they reached a tentative deal yesterday, but they will have to go to the house to vote on that and obviously to president obama. we'll let you know what happens with that. here's a live look outside. i can tell you at 4:27 in the morning on any other day would not be as crowded. you can see many cars in that direction still not a problem anywhere in the bay area. welcome back. time now is 4:29 in the morning as we take a live look outside from a roof camera at downtown san francisco. we'll be checking in with erica who has a look at your forecast in just a few minutes from now. now, get this. they had weeks, months to work on it, but of course they waited until the very last minute, scaring the entire nation. a m was proved on tax incruises and spending cuts, possibly avoiding the fiscal cliff. now the m goes to the house of representatives. ed payne has the story. >> reporter: at the stroke of med night, many americans were celebrating and bringing in the new year. but the mood in wa
we're going to give you the late terrell owens fiscal cliff. they reached a tentative deal yesterday, but they will have to go to the house to vote on that and obviously to president obama. we'll let you know what happens with that. here's a live look outside. i can tell you at 4:27 in the morning on any other day would not be as crowded. you can see many cars in that direction still not a problem anywhere in the bay area. welcome back. time now is 4:29 in the morning as we take a live look...
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Dec 31, 2012
12/12
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KPIX
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the "fiscal cliff" deadline just hours away. talks are stalled. can lawmakers get a deal done in time? >> we'll see. plus, a driver crashes into a concord funeral home during services. what police say was happening that could result in charges. >> a house fire in san francisco's excelsior district has firefighters raising eyebrows. we'll tell you why something illegal might be behind the cause. lawmakers have just hours to prevent tax hikes and spendg cuts.. r a deal? >> your realtime captioner: linda marie macdonald >>> peering over the "fiscal cliff," lawmakers have just hours to prevent tax hikes and spending cuts. is there any hope for a deal? >> reporter: firefighters are calling a house fire in san francisco's excelsior district suspicious. we'll tell you why in just a few moments. >> it's a frosty start to this last day of 2012. what about rain? could we see that on new year's eve? weta
the "fiscal cliff" deadline just hours away. talks are stalled. can lawmakers get a deal done in time? >> we'll see. plus, a driver crashes into a concord funeral home during services. what police say was happening that could result in charges. >> a house fire in san francisco's excelsior district has firefighters raising eyebrows. we'll tell you why something illegal might be behind the cause. lawmakers have just hours to prevent tax hikes and spendg cuts.. r a deal?...